Login to Trading Platforms
CMSHK Trading Platform (HK, US, A&B share markets)
Overseas Stocks
Global Futures
Introduction
Introduction
Corporate Finance Department
Industry Specialist Teams
Global Capital Markets Department
Brokerage
HK Equities
HK Futures
Bonds
Funds
ETF
Overseas Equities
Capital Immigration Entrant Scheme
Stock Borrowing and Lending
Stock Options
Global Commodities
Financial Planning
Fund
Bond
Wealth Management Connect
Fund Administration
Private Equity Investment
Asset Management
Introduction
Fund Products
ETF Fund Products
Pensonal Wealth Management
Qualified Foreign Investors (QFI)
Investment Advisory
Service Enquiry
Sustainability Disclosures
Research
Introduction
Equity Research Report
Disclosure
Global Commodities
Global Commodities
Download Forms
Market Info & Quotes
Stock Quote
News
Indexes
Top 20 Ranking
IPO Information
Dynamic Chart
Company Information
Reference Exchange Rates
Customer Services
Account Opening
Service Fees
Form Download
FAQs
Software Download
CWMC Software Download
Trading Calendar
Overseas Market Information
Customer Announcement
Deposit and Withdrawal
Holiday Table
繁體
|
简体
China Merchants Securities International Company Limited
About Us
Career
Site Map
Contact Us
Disclaimers
Security Tips & Advice
Login Trading Platform
CMSHK Trading Platform (HK, US, A&B share markets)
Overseas Stocks
Global Futures
Login Trading Platform
CMSHK Trading Platform (HK, US, A&B share markets)
Overseas Stocks
Global Futures
Download
|
繁
|
简
|
EN
|
繁
|
简
|
EN
|
Please click here to browse the old version.
Corporate Finance and Capital Markets
Introduction
Corporate Finance Department
Industry Specialist Teams
Global Capital Markets Department
Brokerage
HK Equities
HK Futures
Bonds
Funds
ETF
Overseas Equities
Capital Immigration Entrant Scheme
Stock Borrowing and Lending
Stock Options
Global Commodities
Financial Planning
Fund
Bond
Wealth Management Connect
Fund Administration
Private Equity Investment
Asset Management
Introduction
Fund Products
ETF Fund Products
Pensonal Wealth Management
Qualified Foreign Investors (QFI)
Investment Advisory
Service Enquiry
Sustainability Disclosures
Research
Introduction
Equity Research Report
Disclosure
Global Commodities
Global Commodities
Download Forms
Market Info & Quotes
Stock Quote
News
Indexes
Top 20 Ranking
IPO Information
Dynamic Chart
Company Information
Reference Exchange Rates
Customer Services
Account Opening
Service Fees
Form Download
Software Download
CWMC Software Download
Trading Calendar
Overseas Market Information
Customer Announcement
Deposit and Withdrawal
FAQs
About Us
Career
Site Map
Contact Us
Disclaimers
Security Tips & Advice
Research
Home
>
Research
>
Equity Research Report
Equity Research Report
Introduction
Equity Research Report
Disclosure
Equity Research Report
Macroeconomics
Investment Strategy
Industry
Company
Morning Express
Equity Research Report
Login
Stock Code (e.g. 5, 700):
Keywords:
Start Date:
End Date:
Search
Tencent Music Entertainment Group (TME US) - Investment in fan-based business to strength moat
Li Yishan, Crystal,Wong Tang Kit, Tommy
2025-11-13
腾讯音乐 (TME US) - 加大粉丝经济业务投资以强化护城河
李怡珊,王腾杰
2025-11-13
Fiscal Data Forecast (October 2025) - Credit growth set to surpass seasonal patterns
CMS (HK) Research
2025-11-13
HESAI (HSAI US) - 3Q25 broadly in line, bright prospect ahead
Liang Yonghuo,Harrison, Yin Haocheng
2025-11-13
禾赛科技 (HSAI US) - 三季度业绩基本符合预期,中长线拓展空间巨大
梁勇活,殷浩程
2025-11-13
China Property Sector - Weekly high-frequency data tracker: Second-hand property viewings yoy growth turned negative in October
CMS (HK) Research
2025-11-12
Youdao (DAO US) - Core ad and senior high maintained solid growth momentum
Li Yishan, Crystal,Wong Tang Kit, Tommy
2025-11-12
有道 (DAO US) - 核心广告和高中业务保持稳健的增长势头
李怡珊,王腾杰
2025-11-12
Roblox (RBLX US) - 爆款游戏平台:回调提供入场机会
王腾杰,李怡珊
2025-11-11
Roblox (RBLX US) - Entry opportunity for viral gaming platform
Wong Tang Kit, Tommy,Li Yishan, Crystal
2025-11-11
October Inflation Snapshot - Policies curbing excessive competition catalyzed mom PPI rebound
CMS (HK) Research
2025-11-11
US Strategy Weekly (10 November 2025) - Government Reopening Supports U.S. Equity Rebound
Ning Bo,Guo Shuyin
2025-11-10
美股市场周度更新 (2025/11/10) - 美国政府开门支撑美股反弹
宁铂,郭书音
2025-11-10
统一企业中国 (220 HK) - 静待更佳入场时机以锁定6.5%股息率
黄铭谦
2025-11-10
招证观点与市场的预期差(2025/11/7)
李日晖,王腾杰,梁勇活,陈铸鸿,黄铭谦,宁铂,谭震,李怡珊,郭书音,殷浩程,陈泓道
2025-11-07
CMS vs Market (7 November 2025)
Lee Yat Fai, Sam,Wong Tang Kit, Tommy,Liang Yonghuo,Chen Zhuhong, Jonah,Wong Ming Him, Joseph,Ning Bo,Tan Zhen,Li Yishan, Crystal,Guo Shuyin,Harrison, Yin Haocheng,Chen Hongdao, George
2025-11-07
中国医药、医疗行业 - IVD化学发光行业:诊断行业的生态变革
陈铸鸿,谭震,陈泓道
2025-11-07
China Pharmaceutical & Healthcare - IVD CLIA Industry: Ecological Transformation in the Diagnostic Sector
Chen Zhuhong, Jonah,Tan Zhen,Chen Hongdao, George
2025-11-07
HK Equity Strategy (November 2025) - What’s Next for Hong Kong Equities after Consolidation? — Approaching an Upturn
Ning Bo,Guo Shuyin
2025-11-07
港股11月策略报告 (2025/11) - 港股盘整之后怎么看?——迎来上行转折点
宁铂,郭书音
2025-11-07
Page
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
/528
Login
Account:
Password:
Incorrect Account or Password
Submit
For any questions, please email us at
ContactResearch@cmschina.com.hk